Axos Bank
Rating Overview
Rating Criteria
Rating Criteria Detail
Corporate Weaponization
Criteria:
Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Risk Level:
LowerRationale:
Axos Bank has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1). The bank shut down Alex Jones’ company’s bank account “without notice or warning”. However, Axos claims that this action was due to unauthorized transactions and that the company did not respond after Axos reached out. Therefore, it is not clear whether the bank’s actions had anything to do with Alex Jones’ viewpoints, but the bank did agree to reopen the account after 30 days (2).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
N/ACorporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
Axos Bank has not supported ideological causes or policies (1).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
Axos Bank has not used corporate funds to advance ideological causes, organizations, or policies (1).